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Beskrivelse
Bitcoin and the Environmental Cost: Unveiling the Climate Impact of Blockchain is a meticulously curated collection of scientific journal articles that examines the interplay between Bitcoin mining and global climate change. This comprehensive volume explores the extensive carbon footprint left by Bitcoin transactions, illustrating how the environmental impacts stretch far beyond digital boundaries. Key insights include the geographical divide between Bitcoin holders and emission sources, with a particular focus on China. Detailed policy assessments and sophisticated simulation models suggest energy reforms as a strategic pivot from punitive measures. The book also analyzes the economic paradox of stable mining costs despite surging energy consumption, and it draws intriguing comparisons with other cryptocurrencies' environmental impacts. Introducing the Index of Cryptocurrency Environmental Attention (ICEA), it quantifies the ripple effects of environmental scrutiny on financial markets. The utility of machine learning in estimating Bitcoin's carbon footprint is also elaborated, showcasing technology's role in fostering sustainable development. This anthology is essential for academics, policymakers, and investors seeking to grasp the intricate dynamics of Bitcoin's environmental consequences, offering a clarion call to reconcile digital currency advancements with planetary stewardship.
Quality Research Publishing is dedicated to making knowledge more accessible to the general public by curating a topical compilation of the latest research on various subjects and providing plain language summaries.
Each of the articles in this book is available individually and digitally without cost. However, we believe it is important for the contextualizing and sharing of educational and scientific work to curate this research in a way that is understandable and helpful to the average person seeking deeper knowledge of a particular subject.
The research articles compiled for this book were published under a permissive Creative Commons license, are in the public domain, or have no copyright restrictions, permitting their use in this book. If you have questions about the licensing of any article, please visit qualityresearchpublishing.com.
